Occidental Petroleum announced a $10.8 billion agreement to buy West Texas producer CrownRock as the independent oil company seeks to keep pace with rapid consolidation in the industry.

Occidental Petroleum stock weakened considerably as it lost the $55 support zone. Its integration of CrownRock's assets will ...

Occidental achieved record production in Q2, 2024, with $1.3 billion in free cash flow before working capital adjustments.

Berkshire may have sold Apple stock last quarter, but it was buying Ulta shares and holding on to Occidental Petroleum and ...

Aug. 12—The Occidental Petroleum Corp.'s $12-billion acquisition of the Midland-based CrownRock Corp. was a major factor in Oxy's second quarter performance, which featured its highest ...

CrownRock Holdings is selling 29,560,619 shares that it holds in Occidental, which would reduce the common stock of the oil, gas and chemicals producer by 3.26 percent. Image by Diego Thomazini ...

CrownRock Holdings is seeking to raise up to $1.7bn through the sale of its stake in Occidental Petroleum, reported Bloomberg. The sale involves 29.6 million shares, which CrownRock Holdings ...

The Houston-based company reported its first results since finalizing the $12 billion acquisition of CrownRock last week, highlighting a worldwide realized crude oil price of $79.89 per barrel ...

HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the launch of an underwritten secondary public offering of 29,560,619 shares of its common stock by CrownRock ...

(Reuters) -Occidental Petroleum said on Thursday that Colombia's Ecopetrol will not buy a stake in shale oil producer CrownRock after the U.S. company said last month they were in talks for a ...

Including CrownRock, Mathew said, the midpoint of Occidental's total company production and guidance has increased from 1.25 million to approximately 1.32 million barrels of oil equivalent per day.